How they describe themselves: Handpoint specializes in payments on smartphones, tablets, and handhelds – enabling merchants to accept all card payments (MSR, EMV, and NFC) in a totally secure way. Handpoint has a unique API offering for EMV payments on smartphones and tablets for 3rd party applications. Handpoint also offers white-labeled mobile payment solutions to acquiring banks and MNOs enabling them to compete directly with the likes of Square and Intuit but with their own secure and future proof mobile POS solution (EMV/NFC).
How they describe their product/innovation: The US is moving to EMV (Chip & PIN) no later than 2015 with a push from all the major card schemes. This means the biggest overhaul of payment infrastructure since the introduction of the plastic card, including the new and popular mobile dongles.
Handpoint is introducing the world’s first hybrid solution for smartphones and tablets combining a chip reader and a magstripe reader in the same unit. Full point-to-point encryption makes sure the solution is as secure as possible in today’s payment market. The Handpoint solution is future proof and enables merchants to benefit from the card schemes PCI incentives.
Bus. Dev.: David Gudjonsson, CEO, +44(0)1223 597 909
Press: Erla Osk Asgeirsdottir, Marketing Manager, +354 510 3300
Sales: Thordur Heidar Thorarinsson, CFO, +354 510 3300